Traders are trying to break out support (A) 77.01 – 76.68. However, buyers are holding this zone. Therefore, expect a buy pattern to form near this zone. If the pattern is formed, open a long trade with the target at March 1 high.
If, during trading, support (A) is broken out downside, the correction will continue with the target at support (B). It will also be profitable to look for purchases in this zone.
USCrude trading ideas for today:
- Buy according to the pattern at support (А) 77.01 – 76.68.
TakeProfit: 80.28.
StopLoss: according to the pattern rules. - Buy according to the pattern at support (В) 75.36 – 74.87.
TakeProfit: 80.28.
StopLoss: according to the pattern rules.
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